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  • ECB's Simkus: Market Expectations on ECB Rate Cuts are too Optimistic

yes , after decrease inflation rate significant
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They repeatedly said they are data dependent. Data shows inflation is dropping rapidly ergo rates will be cut rapidly too.
Quoting jordanvic
They repeatedly said they are data dependent. Data shows inflation is dropping rapidly ergo rates will be cut rapidly too.
Indeed, data on economy in EU is very clear. The longer they keep rates "high" the lower they will need to go. Just like the other way around. ECB were too slow to figure out that inflation was not transitory and therefore needed to raise rates higher.
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